10-Year Treasury Yield Surpasses 5%, Pressuring Bitcoin and Equities

The 10-year Treasury yield reached a three-year high of 5% on Monday, increasing borrowing costs and threatening stock valuations. Higher yields make government debt more attractive compared to riskier assets like Bitcoin, which faces increased pressure as the opportunity cost of holding non-yielding assets rises. Market participants are now focused on the upcoming Federal Reserve meeting, where a potential rate hike could further impact market sentiment.